PETALING JAYA: Malaysia’s industrial output rose 3.5% in January from a year ago, underpinned by gains especially in the manufacturing sector, which was below Bloomberg’s survey of a 5.3% increase. The Statistics Department announced yesterday the industrial production index (IPI) was supported a 4.6% increase in manufacturing, mining (1.1%) and electricity (1.1%). “The manufacturing sector […]
Read MoreKUALA LUMPUR: The Asean Capital Markets Forum (ACMF) has collaborated with the International Capital Market Association (ICMA) to introduce Asean Green Bond Standards. This initiative would facilitate Asean capital markets in tapping green finance to support sustainable regional growth and meet investor interest for green investments. Among key initiatives endorsed at the 26th ACMF meeting […]
Read MoreKUALA LUMPUR : Petroliam Nasional Bhd (Petronas) saw its profit after tax grow 12% to RM23.5bil for the financial year ended Dec 31, 2016, from RM20.9bil in 2015. The national oil company said on Tuesday its FY16 earnings growth was due to lower operating expenditure and tax expenses partially offset by lower average prices. During […]
Read MoreKUALA LUMPUR (Bernama) – Malaysia’s Industrial Production Index (IPI) grew moderately by 3.5 per cent in January 2017, compared to the same month of last year. In a statement yesterday, the Statistics Department said the expansion was supported by positive growth in all indices, namely manufacturing (4.6 per cent), mining (1.1 per cent) and electricity […]
Read MoreKUALA LUMPUR: Malaysia needs to attain harmonisation between domestic and international standards in post-trade processing in enabling the country to drive further growth in the capital market. Depository Trust and Clearing Corp (DTCC) executive director and head of business development Asia Pacific, Hasan Rauf said post-trade processing is an infrastructure that supports automated trade matching […]
Read MoreDemand for affordable housing will support industry, say industry players WHILE a cautious stance will likely be the general stand for most local property developers this year, industry experts have ascertained that the sector will be anything but bleak in 2017. With the high cost of living, CBRE|WTW managing director Foo Gee Jen says there […]
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